T0 | Oura Condo

Albufeira, Faro, Portugal, 8200-001

For Sale

€210,000

REF: 895346 €210,000


1

Description

Excellent T0 located close to the beaches, bars and restaurants in Oura! This fantastic apartment has a privileged location, with wonderful sunlight and fantastic sun exposure facing south, it is located just a few minutes from the beach, the famous bar street and several tourist attractions. This T0 apartment, located in the prestigious "Vila Nova" condominium, offers a perfect combination of comfort and practicality, ideal for holidays and close to bars, restaurants, and beaches. The apartment features a large bedroom/living room integrated with the kitchen, a spacious full bathroom, and a small south-facing balcony. The condominium offers several advantages, including quiet green spaces, a swimming pool for common use, and secure access with a code key.

The private space for parking several vehicles is a differential that guarantees convenience and safety. Built in 1978, the apartment is in good condition and is located on the first floor of a building with a lift. This property is perfect for those looking for an investment/profitability.
Excellent T0 located close to the beaches, bars and restaurants in Oura! This fantastic apartment has a privileged location, with wonderful sunlight and fantastic sun exposure facing south, it is located just a few minutes from the beach, the famous bar street and several tourist attractions. This T0 apartment, located in the prestigious "Vila Nova" condominium, offers a perfect combination of comfort and practicality, ideal for holidays and close to bars, restaurants, and beaches. The apartment features a large bedroom/living room integrated with the kitchen, a spacious full bathroom, and a small south-facing balcony. The condominium offers several advantages, including quiet green spaces, a swimming pool for common use, and secure access with a code key.

The private space for parking several vehicles is a differential that guarantees convenience and safety. Built in 1978, the apartment is in good condition and is located on the first floor of a building with a lift. This property is perfect for those looking for an investment/profitability.
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Property on Map

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Currency Exchange

Albufeira, Faro, Portugal, 8200-001

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €210,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€210,000 £173,945 £180,485 £6,539
Property Price € €210,000
Minimum cost in the last six months £173,945
Maximum cost in the last six months £180,485
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,539

Albufeira, Faro, Portugal, 8200-001

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €210,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€210,000 £173,945 £180,485 £6,539
Property Price € €210,000
Minimum cost in the last six months £173,945
Maximum cost in the last six months £180,485
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,539

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £6,539 more.

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